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CanXGold Mining (TSXV:CXG) Gross-Profit-to-Asset % : -9.92% (As of May. 2023)


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What is CanXGold Mining Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. CanXGold Mining's annualized Gross Profit for the quarter that ended in May. 2023 was C$-0.40 Mil. CanXGold Mining's average Total Assets over the quarter that ended in May. 2023 was C$4.07 Mil. Therefore, CanXGold Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2023 was -9.92%.


CanXGold Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for CanXGold Mining's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CanXGold Mining Gross-Profit-to-Asset % Chart

CanXGold Mining Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.42 -0.49 -7.69 -8.32 -9.07

CanXGold Mining Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.95 -9.20 -9.41 -9.65 -9.92

Competitive Comparison of CanXGold Mining's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, CanXGold Mining's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CanXGold Mining's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CanXGold Mining's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where CanXGold Mining's Gross-Profit-to-Asset % falls into.



CanXGold Mining Gross-Profit-to-Asset % Calculation

CanXGold Mining's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2022 )/( (Total Assets (A: Nov. 2021 )+Total Assets (A: Nov. 2022 ))/ count )
=-0.405/( (4.688+4.246)/ 2 )
=-0.405/4.467
=-9.07 %

CanXGold Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in May. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: May. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: May. 2023 ))/ count )
=-0.404/( (4.123+4.02)/ 2 )
=-0.404/4.0715
=-9.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (May. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


CanXGold Mining Gross-Profit-to-Asset % Related Terms

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CanXGold Mining (TSXV:CXG) Business Description

Traded in Other Exchanges
N/A
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
CanXGold Mining Corp is a Canada-based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. All the company's mineral properties are in the exploration stages.
Executives
Stefan Bender Director

CanXGold Mining (TSXV:CXG) Headlines

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